09-21-2021, 01:13 PM
(09-21-2021, 11:07 AM)Dividends from Scratch Wrote: I did some portfolio recycling today.
Closed $HII (laggard) and $UPS (overvalued, low conviction).
Used the proceeds to initiate $SCHD at $74.43, almost 3% yield (ex-div tomorrow).
Increased PADI from $6,974 to $6,991
I own SCHD but I wont be adding until the mid 60's. Lots of slow growers in its top 10. MRK and VZ have been disappointments.
UPS not that over valued when compared to most. 23 forward PE not bad. HII one of the best value stocks to buy right now

Anyway good luck. I added some ATO, CI, ABBV, GD, VFC and LEG as well today